Practice Test

Q1) The investment limit for tiny sectors will continue to be ________. Show Answer

Q2) _______ industry plays a vital role in overall growth of a developing economy. Show Answer

Q3) Small scale industries use outdated technology. Show Answer

Q4) Very less quantity of small business is exported. Show Answer

Q5) Sickness is very common in small business. Show Answer

Q6) Small business work on full utilization of their capacity. Show Answer

Q7) Small business is the main source to create employment in rural India. Show Answer

Q8) Small scale business is capital intensive industry. Show Answer

Q9) Small business is not suitable for developing countries. Show Answer

Q10) Operating cost of small business is high. Show Answer

Q11) Cottage industries use modern machineries. Show Answer

Q12) Small business industry gets finance easily at low interest rate. Show Answer

Q13) Maintenance cost of small business is high. Show Answer

Q14) Small businesses are able to make huge advertisement and publicity. Show Answer

Q15) Small business cannot face global competition. Show Answer

Q16) Productivity of small business is low because of low equipments. Show Answer

Q17) Small scale industries are important for growth and development of India. Show Answer

Q18) Agriculture is the heart of rural area. Show Answer

Q19) Small scale industries have increased the gap between rural and urban areas. Show Answer

Q20) Small scale business does not face infrastructural problems. Show Answer

Q21) The problem of ______ is becoming more serious in India. Show Answer

Q22) India is ______ abundant country. Show Answer

Q23) ______ cost of power acquisition, frequent power cuts, irregular supply of power affect the productivity of SSL. Show Answer

Q24) Before setting up business, it is essential to study prevailing ______ environment. Show Answer

Q25) Small Scale Business are _____ intensive. Show Answer

Q26) Occurring obscured idea in mind of entrepreneur is _____ stage of establishing business. Show Answer

Q27) Small scale industries contribute nearly _____ to the industrial exports of the country. Show Answer

Q28) Small Scale Industries play an important role in ______ countries. Show Answer

Q29) Traditionally a small scale industries are those using power with less than _____ employee. Show Answer

Q30) _____ is second largest industry which creates huge employment. Show Answer

Q31) _____ of people from rural to urban is reduced by small scale industries. Show Answer

Q32) Small Scale Industries are______ in operation. Show Answer

Q33) Small Scale Industries uses_____ technology. Show Answer

Q34) ______resources are used by SSI. Show Answer

Q35) Small Scale Industries should be developed in order to maintain, economic balance in country. Show Answer

Q36) Majority Small Scale Industry uses advanced technology. Show Answer

Q37) Small business easily get access to low interest rates. Show Answer

Q38) Small business cannot survive in the competition Show Answer

Q39) Small Scale Industries increases import of raw materials from foreign countries. Show Answer

Q40) Tiruppur contribute to export textiles and earn valuable foreign exchange for India. Show Answer

Q41) Japan became major economic power because of many small entrepreneurs after second world war. Show Answer

Q42) Nearly 60% of the industrial exports are contributed by SSI. Show Answer

Q43) Small Scale Industries lead to inequalities of income, wealth and power. Show Answer

Q44) Small Scale Industries are more flexible. Show Answer